Prisytn,
which turned unicorn in 2021, provides advanced secondary care surgeries through a network of over 800 hospitals across the country. The company said it plans to use the acquisition of Lybrate to drive synergies with its existing operations.
“Given the increasing demand for online health services, Lybrate makes a compelling strategic fit to give access to primary care to our patients via online consultation services. We truly believe there is a significant appetite for innovation and growth in healthcare, and similar acquisitions will help consolidate, scale and grow healthcare delivery assets,” said Harsimarbir Singh, cofounder of Pristyn Care.
Founded in 2014, Lybrate is a digital healthcare platform that aims to make healthcare accessible by connecting users with over 300,000 doctors across the country. The company has clocked more than 200 million interactions annually.
“Pristyn Care’s attributes resonate strongly with Lybrate, and given the nature of its business strongly complementing our offerings, it should allow building upon the strengths of each other. With Pristyn Care’s focus on secondary healthcare and Lybrate’s robust network of primary care doctors, we can achieve tremendous synergies,” said Saurabh Arora, founder of Lybrate.
